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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 8, 1972, Lethbridge, Alberta Bond prices 'Investors see opportunity Supplied bv -I -ft. Justice system charges studied Supplied Doherty McCuaij; Limited GOVERNMENT OF CANADA BONDS 414 Si Kept. 1, '72 99.90 Oct. 1, 7i 97.00 97.50 8 Jul. 1, '78 105.50 1C6.00 Sept. 79.37% 79.02% Pcrp. 3 Sep. 15 40.00 42 00 C'4% Apn 1, '75 100.76 Jul. 1. '75 102.00 102.50 5 HI Scpl. 1, '92 B.1.75 W.75 EDMONTON (CP) Charges by a Uiiiversily scientist Uiat Al- berta has one of llic most puni- tive justice systems In North America are to he closely scru- tinized by the government, At- torney-General Mcrv e 11 c h said Friday night. The minister told (lie legisla- lui'c the charges are "very seri- ous" and changes ulll be made If a study shows them to be nec- essary. The report, by Dr. Victor Matthews, a University of Al- berta sociologist, was released Friday. H said hundreds of Al- bertons are jailed each year for offences that would bring ac- quitlal, suspended sentences or probation in other provinces. The attorney-general told the legislature he found some ol Dr. information on costs and revenues of the justice sys- tem to be inaccurate. "The errors may not neces- sarily affect his j said the "but they emphasize the need for thorough study before conclu- sions may be evaluated." The attorney-general did not specify what form the examina- tion of the Matthews report would take, 10 YEARS BEHIND TIMES Dr. Matthews told a news con- ference Friday that Alberta's provincial judges arc 10 years behind the times. The tendency In the rest of Canada had been lo move away trom the use of incarceration, lie said the analysis o! statis- tics in his ISO-page report shows that 60 per cent of the people sent lo jail In Alberta are serv- ing less than 30 days, and BO per cent are serving less than 60 days. A man sentenced to 30 days would servo only 23 days, as he automatically gets lime taken off his sentence once he enters the jail. "Little can be done lo rehabil- itate anybody in 23 days." Dr. Matthews said he failed to understand Hie response of Pro- vincial Judge Carl Rolf to his report. Judge Rolf expressed skepticism and disapproval of. the reporl, and said it was prob- ably more "destructive than constructive.'" "flow can knowledge of the police and magistrates be de- s t r u c t i v Dr. Matthews asked. "It can only be destructive IT you've got something to hide." PROVINCIA.L GOVERNMENT OF CANADA GUARANTEED BONDS Alberta Ontario !ly I'KTEIl LKICHMTX Canadian Press Staff Writer Four consecutive weeks o[ de- cline ended on most major Ca- nadian slock markets this week as many investors returned after a lenglby absence and 'lines and the rally held through I Stock Exchange recorded one of Onl. Ilyd 9 New N. S. Quebec Alberta Br Man Hyd 8 '91 98.00 100.00 MarkeLs were generally lower and Irading light Monday autl Tuesday, but a sudden upswing Wednesday brought investors 104.00 106.00 I into Uie market from the '8S 'Jl.OO D3.00 '94 107.00 109.00 '90 109.00 111.00 '74 101.00 503.00 '92 88.00 90.00 '74 101.00 103.00 '90 105.00 107.00 Sask Nfld ACT Man Tel Building to Ihc end of the week. In Toronlo. the industrial index, a major indicalior of market movement, climbed 3.71 points during the week, closing Friday at 201.45. In New York, prices recorded strong advances, erasing losses suffered in recent weeks. Trad- ing was active. On the Montreal and Cana- exchanges, the composite ix climbed 3.83 points, clos- ing Friday at 203.75. Combined volume on the two exchanges was 4.B5 million shares, compared with 4.82 mil- lion last week. However, all Ca- nadian and U.S. markets were i its best v, teks of the ypar as prices climbed sharply higher. The Dow Jones industrial aver- age of 30 key blue-chip issues soared 21.90 points, closing Fri- day at 962.60, ils besl level since May 14, I9G9. Volume on the York market was 93.79 million shares, up from 55.79 million a week earlier. Some of the best advances of the week were recorded by oil isues as analysts said investors "appear lo be taking a renewed interesl in this sector of the market" after a minor sell-off recent weeks. The Toronto Sorurdoy, Apill 8, 1972 TH[ IFTHBRIDCE HtRAlB 21 Chrysler sues for car VANCOUVER 'CPi Cbr.vs-i The company Bald that m I Icr of Canada I.td. filed a cars were totally destroyed and age action against the freight-; the remaining 117 damaged in er Vanlcne, now lying aground varying degrees when the car on Vancouver Island, Marline go ship ran aground on Austin Shipping Co. fnc. and Yama- reef at the south end of TJark- shita Shinnihon i p ley Sound. Co for loss or damage to 300, aulomobites. Chrysler, as owner ol the vc- FOREIGN' TRADE Ninety per cent of all shipping hides, filed its claim in federal Ion N'orwcgian vessels taies court here. place between foreign pcrLs. starts up 9 K 8 INDUSTRIALS "on I03.CO 107.00 '90 108.00 110.00 '74 105.00' OTTAWA 'CD '74 103.00 105.00 f'on started on new houses and apartment units in March, 48.3 per cent more than Alts. G T 3l'ir- '90 107.50 10850 j in March last year. Central Alcon '91 106.00 100.00 I Mortgage and Housing Corp. re.- B.C. For 93irc '92 107.00 109.00 B.C. Tel 'BO 106.00 lOa.CO Bell Tel 9'8Vr '79 107.00 109.00 Bell Tel. 9V" '93 108.50 110.60 CP Ltd B-i'f 'E9 104.00 10C.OO CP Sec SVTo '93 1C5.CO 107.00 Cdn. Util '91 105.00 108.00 tally was a result of a hectic round of "bargain-buying" with Constr c 'nvcstors purchasing issues which had been oversold during the mnrkeLs' month-long de- cline. BJISC metal issues continued to lose ground after scoring strong giiins early in thl; year. Observers noted some concern regarding the lack of interna- Trading on the Toronlo mar-' 'ional received by major SH'l '90 107.00 109.00 use probation or sus- sentences instead, he and to pended said. Incarceration has been Justi- fied as an opporlunity to reha- bilitate 3 man, "but it s not jus- tified In Alberta." IN EDMONTON Stay At the RIVIERA THE HOTEL WITH MORE TO OFFER AND WE NOW HAVE COLORED TV For Your Convenience In Making Reservation! CALL AMD ASK FOR LONG DISTANCE ZEnilh 0-7255 no coal lo you IVIERA MOTOH, HOTEL 5359 Colgory Troll Edmonton, Albeilg Pnone: (403) 434-343! Telex: 037-2510 Convention spending illegal Gulf Oil Inter P P Massey Noranda 9', Int Nickel N arrl C G 9V1T. Sol Cdn. SViTr. Tr Cdn P Tr. Cdn. P 10'i 'DO 1W.50 10C.50 '90 106.50 108.M '80 104.50 106.50 '90 107.00 100.00 'W 106.00 108.00 '91 107.00 109.00 '90 106.00 'BO CONVERTIBLES ported Friday. The federal housing UIUI UIIIY said the figures for major urban By centres of 10.000 population and j a loUj or more represented an annual housing construction rate ol for all Canada, down slightly from the rale es- tablished in February. kel was slow early in Ihe week. Monday, the market recorded its lightest volume since Jan. 3, with only 1.40 million shares the end of the week, shares from had changed hands, up 6.93 million last week. Gold issues dropped moder- ately as a result of a lower for- eign exchange rate for the Ca- Both single, detaciied houses I 'market and multiple apart- rfuclion in trading on interna- mcnts and row-housing con- tributed lo the March increase this year over last year, CMHC said. Single-house construclion activity was up 71.1 per cent, and multiples up 38 5 per cent. base metal producers. One analyst, said "some inves- tors are leaving this sector of (he market in anticipation of poor first-quarter earnings re- ports." During the week Ihe To- ronlo stock markel's base metal index was off .34 poinls, closing Friday at 96.46. WANTED EXPERIENCED SALES CONSULTANTS for RESIDENTIAL SALES INCENTIVE PROGRAM BASED ON MONTHLY SAIES All inquiries held in strictest confidence REQUIRED- AN EXPERIENCED INSURANCE STENOGRAPHER Apply In person or write MR. D. LOGAN TAIT or MR. H. HAROLD FOX 'etjutarfe AGENCIES (1972) LTD. "One of South Albcrla'i Largeil Realtors" COLLEGE MALL P.O. Box 1236 Phone 328-3331 HELENA, Mont. (AP) The Montana Supreme Court Friday was asked lo prevent further spending of public money by a constitutional convention com- mittee to publicize a proposed constitution. State legislator Oscar Kvaa- len filed the request through his attorney. He takes the position that the spending of funds by a conven- tion that already has adjourn- ed Is illegal. Nearly in stale and federal funds had been set aside by constitutional convention del- egates for publicizing the pro- posed document. Kvaalen said if such spending Is legal then the money should be equally split between sup- porters and opponents of (ho new constitution. Alia G T i Cons Gas i Ilymsly 7 lAcklands Scur Rain 7V4' Tr Cdn P 5 TT C 5iir WC Tr 7Vi? 'DO 110.00 112.00 'ne three months of 1972, construction activity at the rate of 260.800 units a I year. This was well above the '90 133.00 136.00 I rates established in the third tional bullion mnrkeLs. The fjold index on the Toronto stock market fell 2.02 points during the live sessions, closing Friday at 175.32. I On Wall Street, the New York I I r A D C C D I CAREER OPPORTUNITIES '83 '82 97.00 96.00 LEADS OFFENDERS COLOGNE (neuter) Col- ogne has the most parking of- fenders in West Germany, with fines imposed a year. Frankfurt in next with followed by Dusseldorf with H. H. Smith Ltd. Customs Broker 95.00 91.00 'B3 96.50 97.50 'B8 90.00 92.00 '89 104.00 106.00 '88 101.00 103.00 '91 132.00 135.00 quarter of 1971, and In Ihe last three months of 1971, Thieves specialize GOLDACH (Reutert Svdss police have broken up a gang oi TERRITORY MANAGER Required By WHITE COCKSHUTT FARM EQUIPMENT MANUFACTURERS OP COCKSHUTT, M. MOLINE, AND OLIVER FARM EQUIPMENT 12 thieves aged between 10 and 15 who organized themselves into three specializ- ing in petty theft, another in Statistics show the United stealing motorcycles and the ALCHOLIC PROBLEM _................................................I I Slates has the ivorld's highest third in disposing of stolen prop- 11 incidence of alcoholism. erty. r We offer excellent Hilary, plus incentive bonus plui full company benefili. Mechanical aptitude and farming background with re la led tains experience an asset. SEND COMPLETE RESUME TO: BOX 1120, CALGARY, ALBERTA I thcfl at Vancouver VANCOITVER (CP1 Police were investigating Friday ths theft of more than in cash and negotiable securities from a delivery truck. Police said n Canadian Cour- ier Services Ltd. driver picked up a bag containing cash and nearly in securities from Intercontinental Packers Ltd. Tlie driver said he made two deliveries before discovering i the bag was missing. CrOSSlVOrd By Alrin Ash by BRAIN TEASER ACROSS 67 Dri ah light Mary 46 CollPri for 69 Mane ii Ihinsh 90 91 Collector, ol four 92 Cherish 93 ncgriio 94TighHy drawn 95 fjocd soup By Gene K THERE ANOTHER PLANET BETWEEN MERCURY AND THE SON? AN ASTRONOMER, AFTER CAREFUL REEXAMINATION OF PHOTOS TAKEN DURIN3 RECENT SOLAR ECURSES.HAS FOUND A NUMBER OF MYSTERIOUS TRACKS THAT SEEM TO INDICATE SOME CELESTIAL. BODY ORSmNS THE SUV... 25 Act iv 27 Loje 29 Bring ii ivn'.onv 31 Junciur 33 Phrvgis lunar g 34 In any csss 35 Glides 01 meiallic runneri 3 To PUT! 39 Wainsc ID Dealer H free booklet to answer your questions about Rnnuities There a lime in mosl men's livas when i ra- ceme is more imperial than Ihe bope of capital gain. And that's exactly whai annuities from Manufaclurers t-ife They piovide an automalic, guaranteed income for life. People have asVicd >ii many questions iboul In piit. Iniportint questions such as: Can I arrange for some of tho money to he returned lo my estate if T die early? Is there an annuity that nil] transfer the income lo my wife if she ouiUvM me? How do annuilies pfTect my income, tax? Is an Annuity a practical way of supplementing Canada Pension Plan and olhcr retirement income? To provide you wiih Ihe ansv.eri ue have published an ea.ny-10- read, caiy-to-unilcrnar.d booklet called "Annuities the key (o a golden age.'1 It's yours for ihe asking, uithoul obligation. Just fill in and return (he coupon below. And if you would liVe to discuss annuities uith someone, you couldn't find a beiier person lo talk to than the Man from Manufacturer i. MANUFACTURERS LIFE INSURANTE 402 PROFESSIONAL BIDG. (E. Entrance) Phone: 327-5514 333.4051 P Oie i.i jorr-e p; 1 1 ca t r GeTs to 6 Kind Cleared Tncn (33 Sftorg SrrBll More Succulf 12 13 fc 12 Fortr.sd oT 30 of Innoccnc-43 as 71 1 Lherof AMV Ch Smokes ol a shir: Eflby's f fll ibis 1 To usher To (fepp One of 68 Worn by u 69 Colleclioru fif 24 6' Calarrvtoui 62 Divine Glide BWBV 66 A ma1 gs m 67 Conversa Blilt Voundsr 71 PlLjnderei V4 TV soap opera, n g. i 75 MaV.flr ol koiher food Cyclonic 78 Visd Bicker Bl Clenchei B2 Arrjyi 85 Small apmuri P5 LVoodlsnrfi 87 Dlalenin docun-eni 9! Spotted 921'rrjic.ui B5 Hone troi Ir'i ropa Engliih weiohl Diagramless 19 I 21, by Betty Leary ACROSS Superviior Bui in ess and Penonal Eilate Planning Plena lend me, wilhoul obligation, free copy ol Ihi booVlnl; "Annuities the key to goldan age." IB Wander ahoul 37 Joiner .J 35 Impaia 43 Lorp 39 Sintl Oulfr Claji clothing 40 Cupid 46 Son o( 4-A 20 Tnferi -J7 Ff. 55 Direction 53 rffrch 50 Officer: richer ahhr. R9 60 Pd, rRYFTOGKAT-fS 97 Compojilion 83 Honey bLJIIsrd 100 tguircsd v.itfi shoel 101 furouijn barricuda 103 MuTilElt 105 Preiirvs 107 61 PBCD'I 62 Farraiy 1. QUIXAI) END A RES TVTV TV An FUDXGJ EFROJ TDVGQVUD NRGSTKO r, 1TVGT K V K O D B? Barbiia J. Run? J. HUM II 1C HICK; HfKr MOO HTLLOK; HIP HIPPOWRSE IIOMULLSOFT HOHSYZOWOM H T Z O W By Msrlte W. Custimjn 3, TErCCVPR NMJSSLP s P L E E O JVGLP UR TR1XNO QUEEQT, H V .1 r. t, P BvIxjisJonei i WORD y I, Y V A Q KRS5OD O A 7. K O v V N A Q "WOTIP" I n W I, 7 n O "CLUE" THE C t, U E J D IV L Z D O "WORD." T) T Q X A Q H V AY7 By A. Cryptogram! 1 Escorted tour tslff srcnic inland water rnule lowflrd Alaikj. 2. Robin rcrlhrcaet chasfld spunky chipmunk all Ihr wny down thft tree and almoit acrtns Ihc bcarh. 3. Ths bug bugged (lie swallow, to the swaUow buj. 4. Yfliii dotins oajentB don't do a little irjD-woTahippLng? Nt- Worla Rlshlt Resor-'ed J. Int- ;